Realty One Group - Shannon Smith Group

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Monthly Newsletters

August 2026 News Letter

Inventory increased about 5% since last month, while fewer homes were sold. Of the 7,215 homes currently for sale, only 27 are Foreclosures. That represents just 0.37% of all active listings, or approximately 1 out of every 267 homes. Fro...

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July 2026 News Letter

"Shannon, I've been watching homes in my neighborhood, and it seems like everyone is reducing their price. Are home values starting to come down? Should I wait to sell?" That's a good question, and yep, I'm starting to hear similar questions...

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June 2026 News Letter

I know it sounds crazy, with all the talk about high interest rates and price drops, but Vegas home prices hit another record high last month. We all know about supply and demand and a lot of people think that when inventory starts increas...

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April 2026 News Letter

I might be creating new terms out here, but the best way I can describe the market right now is this: It’s a “Slower Decision Market.” Buyers are taking their time. Sellers aren’t being forced to sell (and in my opinion, that’s ex...

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March 2026 News Letter

Most Realtors will tell you that the best time to put your home on the market is during the spring, between March and June. The reasoning is pretty straightforward: buyer activity increases during this time of year. The weather is nice, familie...

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February 2026 News Letter

Happy Valentines Day! January showed something interesting in our housing market. The number of homes that went pending jumped 28% from 1,638 in January to 2,281 as of today. At the same time, the number of homes that actually closed drop...

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January 2026 Newsletter

Happpppy New Year!! I’ll start by saying that the market feels different than it did a year ago, not bad, not good either, but just different. Last December, the median price was $480,000, and inventory with about 5,000 homes on the...

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December 2025 Newsletter

You know I'm always watching the market, and something's going on. In true Vegas fashion, it looks like the market's setting up for a December plot twist, almost like it wants a "happy ending" to the year. We've got less inventory than ...

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November 2025 News letter

In October, the average days on market was 30 days. Last October, it was 22 days, so homes are taking a little longer to sell than they were a year ago. But remember that average number represents the entire city. Every price range, every c...

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October 2025 Newsletter

After all the writing on the wall, the news is finally signaling that Vegas has officially shifted into a buyer’s market. To be honest, it’s amazing how long prices managed to hold steady. We’ve been seeing price reductions for a w...

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